Grand Rivers Community Bank
LOCATIONS
3
View locations
HEALTH RATING
F
View health report
CURRENT TOP RATE
2.00% APY
Kasasa Cash
View all rates
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.00% | Reward Checking | Kasasa Cash 1.84% - National Average |
| 0.41% | 1-year CD | 12 Month CD |
| 1.23% | 5-year CD | 60 Month CD 2.25% - Bank of Internet USA 60 Month CD |
Overview / Commentary
Grand Rivers Community Bank is headquartered in Grand Chain and is the 394th largest bank in the state of Illinois. It is also the 5,256th largest bank in the nation. It was established in 1902 and as of June of 2017, it had grown to 17 employees at 3 locations. Grand Rivers Community Bank has a F health rating.
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Health
F
Data as of Q2 2017
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Grand Rivers Community Bank has a low asset base, and a negative return on equity.
Health Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 10816 |
| Year Established | 1902 |
| Employees | 17 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -2.23% |
| Return on Equity - YTD | -70.61% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $49.4MM$68.9MM |
| Loans | Q2 2017vs Q2 2016 | $35.8MM$54.0MM |
| Deposits | Q2 2017vs Q2 2016 | $46.3MM$62.3MM |
| Equity Capital | Q2 2017vs Q2 2016 | $1.4MM$4.6MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $1.3MM$1.2MM |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $1.8MM$2.4MM |
| Real Estate Owned | Q2 2017vs Q2 2016 | $647.00K$51.00K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Grand Rivers Community Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | - | $10k | Kasasa Saver | ||
| OTHER TIERS: 0.25% → $10k+ | |||||
| 0.50% | - | - | Vacation Club | ||
| 0.50% | - | - | Christmas Club | ||
| 0.26% | $100 | - | Regular Savings | ||
Grand Rivers Community Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.00%* | - | $10k | Kasasa Cash | ||
| OTHER TIERS: 0.25% → $10k+ | |||||
| 0.51% | - | - | Business Interest Checking | ||
| 0.25% | $1,500 | - | NOW Account | ||
Grand Rivers Community Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.23% | $1k | - | 60 Month CD | |
| 0.95% | $1k | - | 48 Month CD | |
| 0.85% | $1k | - | 36 Month CD | |
| 0.61% | $1k | - | 24 Month CD | |
| 0.41% | $1k | - | 12 Month CD | |
| 0.31% | $1k | - | 6 Month CD |
Locations
| Grand Rivers Community Bank Locations | ||
|---|---|---|
| Grand Rivers Community Bank | 260 S Main St | Grand Chain, IL 62941 |
| Karnak Branch | 406 Washington Street | Karnak, IL 62956 |
| Shawneeton Branch | 105 E. Shawnee Avenue | Shawneetown, IL 62984 |